Carrello Posted December 26, 2020 Report Share Posted December 26, 2020 Employees complain: owners of K-Card outlets in Mosul distribute salaries in dollars at the new exchange rate 2020-12-26 07:29 Shafaq News / Employees complained about the exploitation of dozens of exchange offices and K-Card outlets in Mosul, the high exchange rate of the dollar crisis and the confusion in the exchange rate, and they began distributing salaries in dollars, not the Iraqi dinar. Ahmed Nabil told Shafaq News Agency; He is an employee who went to collect his salary that he was surprised after the receipt from the payment machine that the owner of the outlet told him that we only have US dollars and not a dinar. Nabil added that he was forced to receive his salary in dollars and when he went to exchange it in Iraqi dinars You are surprised that the exchange rate in the market is lower than the price that the outlet owner calculated Thus, the outlet owner succeeded in obtaining two commissions from the exchange, the first is the entitlement and the second is the exchange rate difference, indicating that if the market exchange rate is 1400, the outlet owner delivers the salary to the owner with a difference of 2 or 3 thousand dinars, and in this way, manipulation. Ahmed was not the only one, but dozens of employees were subjected to this situation It is not possible for the owners of exchange offices who took advantage of this, because on Fridays and Saturdays there are no banks and they do not have Iraqi cash. As for Muhammad al-Hamdani, a worker at an officially registered outlet, he said that he did not hand over a single salary in US dollars and said that the excuse is correct, but the majority exploited it in order to benefit at the expense of the employee, the retired, and everyone who has a salary. Two days after the continuation of this situation, security sources informed the Shafaq News correspondent, that today the National Security detachments began to follow the (K-Card) outlets and hold accountable those who force employees to receive their salaries in US dollars instead of dinars. On Saturday (19 December 2020), the Central Bank of Iraq officially announced the adjustment of the foreign currency exchange rate (the US dollar) to 145 thousand dinars for every 100 dollars. 4 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 26, 2020 Report Share Posted December 26, 2020 A strange trick practiced by owners of electronic payment card outlets ... Paying employees' salaries in "dollars" at a value less than the real salary! 2020-12-26 https://yesiraq.com/الدولار-يواصل-تكسير-الارقام-امام-الد/ Yes Iraq: Baghdad Some owners of electronic payment offices and payroll outlets have begun to “circumvent” citizens and holders of electronic payment cards in a way that achieves more gains for them by using, especially at a time when the market is witnessing fluctuation and instability regarding the exchange rates between the dollar and the dinar. A number of employees recorded complaints that the payroll outlets and the "K-Card" card circumvented them by giving them salaries in dollars instead of dinars, and while the salary holder goes to convert the dollar into the Iraqi currency, he finds that his salary has decreased by thousands of dinars due to the exchange rate difference, in addition to Commission deducted from the outlet owner. One of the employees whom Yass Iraq spotted his complaint, an employee, said that “he went to collect his salary and was surprised after the receipt from the payment machine that the owner of the outlet told him that we only have US dollars and not dinars, so he was forced to receive his salary in dollars. That the exchange rate in the market is lower than the price that the outlet owner calculated. Thus, the outlet owner succeeded in obtaining two commissions from the exchange, the first is the entitlement and the second is the exchange rate difference, indicating that if the market exchange rate is 1400, the outlet owner delivers the salary to the owner with a difference of 2 or 3 thousand dinars, and in this way, manipulation. It is not possible for the owners of exchange offices who took advantage of this, because on Fridays and Saturdays there are no banks and they do not have Iraqi cash. This situation continued for days in Mosul Governorate, while the security forces began to move to investigate this situation 2 2 Quote Link to comment Share on other sites More sharing options...
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